![CIT(A) Wrongly notes Long-Term Capital Loss as Rs.16.89 Lakhs Instead of Rs.16.89 Crores: ITAT Orders Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Mumbai-Capital-Loss-Long-Term-Capital-Loss-taxscan.jpg "CIT(A) Wrongly notes Long-Term Capital Loss as Rs.16.89 Lakhs Instead of Rs.16.89 Crores: ITAT Orders Verification [Read Order]")
CIT(A) Wrongly notes Long-Term Capital Loss as Rs.16.89 Lakhs Instead of Rs.16.89 Crores: ITAT Orders Verification [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) restored the matter to the file of the Assessing Officer (AO) for verification, in a...
![Mere Filing of Appeal against Tribunals /High Court’s Order Before Supreme Court Not a Valid Ground to Ignore Challenged Orders: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Appeal-against-Tribunals-High-Courts-Order-Before-Supreme-Court-Challenged-Orders-Tax-news-Taxscan.jpg "Mere Filing of Appeal against Tribunals /High Court’s Order Before Supreme Court Not a Valid Ground to Ignore Challenged Orders: CESTAT [Read Order]")
![Consultancy Services cannot be Treated as FISÂ Merely because Service Provider has used Substantial Technical Skill as per India-USA DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Consultancy-Services-Treated-FIS-Merely-Service-Provider-Substantial-Technical-Skill-India-USA-DTAA-ITAT-taxscan.jpg "Consultancy Services cannot be Treated as FISÂ Merely because Service Provider has used Substantial Technical Skill as per India-USA DTAA: ITAT [Read Order]")
Payment of Commission to Foreign Agents for Procurement of Orders does not Fall under Technical, Managerial or Consultancy Services: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the commission paid to foreign agents for procurement of orders do not fall under Technical, Managerial or consultancy services so as...
![Payment of Commission to Foreign Agents for Procurement of Orders does not Fall under Technical, Managerial or Consultancy Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Payment-of-Commission-Foreign-Agents-Procurement-of-Orders-Managerial-Consultancy-Services-taxscan.jpg "Payment of Commission to Foreign Agents for Procurement of Orders does not Fall under Technical, Managerial or Consultancy Services: ITAT [Read Order]")
Fraud in Consultancy Services: ICAI removes Name of Chartered Accountant, imposes Penalty of Rs 50,000
The Institute of Chartered Accountants of India (ICAI) removed the name of the Chartered Accountant from the Register of Members and imposed a penalty of Rs 50,000 on fraud committed in consultancy...
100% Cenvat Credit can be taken on Input Service under the head of Management or Business Consultancy Service: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that 100% Cenvat Credit can be taken on Input Service under the head of Management or Business...
![100% Cenvat Credit can be taken on Input Service under the head of Management or Business Consultancy Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Cenvat-Credit-Input-Service-Management-Business-Consultancy-Service-Consultancy-Service-CESTAT-Customs-Excise-Service-Tax-Taxscan.jpg "100% Cenvat Credit can be taken on Input Service under the head of Management or Business Consultancy Service: CESTAT [Read Order]")
Income Tax Exemption u/s 10(23C) available to Payments Received for Consultancy Services provided by University: ITAT remands matter to AO [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), remanded back matter to the Assessing Officer (AO) and ruled that Income Tax Exemption under Section 10(23C) of the Income Tax Act, 1961...
![Income Tax Exemption u/s 10(23C) available to Payments Received for Consultancy Services provided by University: ITAT remands matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Exemption-Income-Tax-Payments-Consultancy-Services-University-ITAT-taxscan.jpg "Income Tax Exemption u/s 10(23C) available to Payments Received for Consultancy Services provided by University: ITAT remands matter to AO [Read Order]")
Deputation of Walmart Employees to Flipkart: Karnataka HC orders Income Tax Dept to issue NIL TDS Certificate [Read Order]
In a major relief to e-com giant Flipkart, the Karnataka High Court has delivered a second major ruling on seconded employees in recent times, and set aside an order of the Income...
![Deputation of Walmart Employees to Flipkart: Karnataka HC orders Income Tax Dept to issue NIL TDS Certificate [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Deputation-Walmart-Employees-Flipkart-Karnataka-HC-Income-Tax-Dept-NIL-TDS-Certificate-Taxscan.jpg "Deputation of Walmart Employees to Flipkart: Karnataka HC orders Income Tax Dept to issue NIL TDS Certificate [Read Order]")
Pure Consultancy Services provided to local bodies are Exempted but 18% GST applicable on Consultancy Services provided to private individuals, says AAR [Read Order]
The Karnataka Authority of Advance Ruling (AAR) ruled that the pure consultancy services provided to Municipalities and Corporations are exempted but 18% GST applicable on consultancy services...
![Pure Consultancy Services provided to local bodies are Exempted but 18% GST applicable on Consultancy Services provided to private individuals, says AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/AAR-GST-pure-consultancy-services-Municipalities-consultancy-services-GST-Taxscan.jpeg "Pure Consultancy Services provided to local bodies are Exempted but 18% GST applicable on Consultancy Services provided to private individuals, says AAR [Read Order]")